Terms & Conditions

1. These terms and conditions (“Rules”) apply to this Refer a Friend promotion (the “Promotion”), which is effective from [10th October 2024]. By participating in the Promotion, you agree to be bound by these Rules. This Promotion applies only to IG’s share dealing and investing products and replaces all previous refer-a-friend promotions.
2. To qualify for the Promotion, the person making the referral (“you”) must:
   a. have held an active account (excluding IG Smart Portfolio accounts) with IG Markets Limited, IG Index Limited, or IG Trading and Investments Limited, each of whose registered address is Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA (“we,” “us,” “IG,” or “our”), for at least three months;
   b. be a direct retail client of IG; and
   c. be an individual resident in the UK.
3. This Promotion applies only to IG’s share dealing and investing products and does not include IG Smart Portfolios. If you have any other introduction or introduction-type arrangement with IG or any IG group company, any referrals made under such arrangements will not qualify for this Promotion.
4. You must have an existing business or personal relationship with the person you refer (your “Friend”). Your Friend must:
   a. be an individual who is at least 18 years old and resident in the UK; and
   b. be a new client to IG (i.e., not have previously held an account with IG or any IG group company).
5. To participate, you must share the unique URL provided to you as part of this Promotion with Friends who may be interested in IG’s share dealing, stocks and shares ISA, or SIPP products. While you may refer multiple Friends, the number of rewards you can earn under this Promotion is capped at a maximum of five Friends who qualify as Active Referrals under Clause 6.
6. To qualify as an “Active Referral,” your Friend must open an IG share dealing, stocks and shares ISA, or SIPP account via your unique referral link and place at least one trade within three months of being referred.
7. Account openings are subject to our standard criteria and jurisdictional restrictions. Not all applicants will be successful.
8. Within 60 days of your Friend becoming an Active Referral, you will receive a £50 reward credited to your default IG trading or investment account (the “Refer a Friend Reward”).
9. If any restrictions apply to your or your Friend’s account, the referral will not qualify as an Active Referral until those restrictions are lifted. If your or your Friend’s account is closed for any reason, the referral will not qualify.
10. You may not refer yourself via a joint account or refer a member of your household. You also cannot refer a Friend if you hold power of attorney over their account.
11. A referred individual may only be referred once. If an individual has already been referred to an IG group company, they cannot be referred again.
12. Employees of IG or any IG group company, as well as employees of companies in direct competition with IG, are not eligible for this Promotion.
13. IG reserves the right to substitute or remove the Refer a Friend Reward at its sole discretion, without prior notice.
14. If IG determines that the Promotion has been abused, we reserve the right to investigate and withdraw the Promotion. Referral links must not be shared publicly to gain an unintended advantage. Any breach of these Rules or our Customer Agreement may result in the withholding or cancellation of the Refer a Friend Reward.
15. If a Refer a Friend Reward has already been paid and we later determine that a participant obtained it fraudulently or unfairly, we may deduct an equivalent amount from any IG trading account you hold.
16. IG is the sole arbiter of the Promotion, and all decisions are final. IG may alter, amend, or terminate the Promotion at any time without prior notice.
17. The Refer a Friend Reward cannot be combined with any other IG reward promotions. The number of Active Referrals per household, IP address, or device is limited to five across both this and previous promotions.
18. IG will not be liable for any trading losses incurred by you or your Friend as a result of this Promotion, except where such losses arise from our negligence or wilful misconduct. All trading involves risk. The value of investments can rise and fall, and you may receive less than you originally invested. Past performance is not a guarantee of future results.
19. IG is not responsible for any technical malfunctions that may prevent participation in the Promotion. You and your Friend accept all risks associated with trading over the internet.
20. Any dispute not covered by these Rules will be resolved at IG’s discretion, and IG’s decision will be final and binding.
21. If any provision of these Rules is deemed unlawful, invalid, or unenforceable, the remainder of the Rules will remain in effect.
22. Any tax liability arising from the Refer a Friend Reward is your responsibility. If IG is required to withhold tax, your reward will be credited net of that tax.
23. These Rules are governed by English law and subject to the jurisdiction of the courts of England and Wales.